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Commodities Briefing - Categorized | Currencies more

Dollar trades up as equities sink worldwide

Posted on 03 March 2009

From AP: The dollar gained on the currencies of the other major economies Monday, gathering steam as the Dow Jones industrials sank below 7,000 and equities plunged abroad.

The dollar has tended to benefit on a “safe haven” bid as investors pull money from stocks and invest them in super-safe U.S. government debt….. Full Article: Source


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